Accounting Chapter 9 Homework Since depreciation cannot cause book value to fall

subject Type Homework Help
subject Pages 2
subject Words 262
subject Authors Carl S. Warren, James M. Reeve, Jonathan Duchac

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An asterisk (*) will appear to the right of an incorrect entry.
1.
a. b. c.
Straight- Units of Double-Declining-
Year Line Production Balance
2012
2013
2014
Totals
Calculations:
Straight-line method:
(Cost - Residual Value) / Years =Yearly Depreciation
Units-of-production method:
(Cost - Residual Value) / Total Hours =Rate
Rate xHours =Yearly Depreciation
2012
2013
2014
Double-declining-balance method:
xRate =Yearly Depreciation
2012
2013
Since depreciation cannot cause book value to fall below residual value:
- =Yearly Depreciation
2014
2.
The method that yields the most depreciation expense in 2012 is the
3.
The method that yields the most total depreciation over the three years is the
Score:
Key Code:
Instructions
Problem 9-2A
Name:
Section:
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[Key code here]
Answers are entered in the cells with gray backgrounds.
Depreciable
Balance
Depreciable
Balance
Residual
Value
Depreciation Expense

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